Update on Attestation Deadline for HHS Stimulus Money for Physicians/Medical Practices

On May 22, 2020, the U.S. Department of Health and Human Services (HHS) announced an additional 45 day extension for providers who received payments from the Provider Relief Fund to accept the… Continue On +

The EIDL May Not Be a Good Loan for the Practice

We are glad to hear that the SBA has been busy notifying loan applications that their Economic Injury Relief and Disaster Loan (EIDL) has been approved.  The question many of you have… Continue On +

How to Maximize PPP Loan Forgiveness

Many of you have received PPP loans over the past few weeks, and we know you are eager for guidance regarding how to maximize loan forgiveness.  The Treasury Department and Congress are… Continue On +

Why You Should Consider Filing a Business Interruption Insurance Claim

What is business interruption coverage? This type of coverage is known by several names: business interruption, loss of use, and loss of income are the most common descriptions.  Often this coverage is… Continue On +

PPP Loan Funds Received, Now What?

We are excited for you if you have received your PPP loan proceeds. At this point, we still do not have the final guidance released on the loan forgiveness rules. We are… Continue On +

If you are looking for PPE, Please see below email blast that was just sent out by Green Sail Transitions

PPE ORDERS AVAILABLE   Green Sail Transitions         Good morning, The PPE small order site is now available. You will find the link below. This e-commerce add-on to Handshake’s… Continue On +

Updates Regarding the EIDL and PPP Loans

We are glad to hear that clients are starting to receive money from the SBA or learning that you will soon receive money.  We also know you have questions about what to… Continue On +

Apply or Wait- The Decision Every Doctor is Having to make Regarding the PPP loan

Our office is receiving a lot of questions from clients about when to apply for a Paycheck Protection Program Loan. We understand this is the most critical question every practice has at the… Continue On +

SBA Application Process Has Been Defined

As promised the SBA has released the final calculation and application for the Paycheck Protection Plan (PPP) 7(a) Loan. This morning banks are doing their best to be ready for processing, but… Continue On +

The New SBA Loan is Almost Ready

Fluence spent three hours last night on a phone conference with 79 CPAs that are part of the Academy of Dental CPAs.  In our opinion this group is the best of the… Continue On +

Update on Paid Leave, New SBA Loan, and Unemployment

With each act of Congress that provides help during this challenging time comes a wave of questions.  How does a specific act apply to your practice?  What are the next steps to… Continue On +

Tax Filing and Payment Due Date Updates

As you are aware from previous communications the Internal Revenue Service has extended both the filing deadline and payment deadline for 2019 to July 15, 2020.  They also chose to extend the… Continue On +